Phillip Bank 4 (KREDIT Cambodia)
With a loan of EUR 20,000 Phillip Bank will be able to finance 2 supermarkets in the capital city of Cambodia, so these companies can expand.
€20 000
3,00%
48 mois
6 mois
EUR
DeviseMontant | €20 000 |
Intérêt | 3,00% |
Maturité | 48 mois |
Remboursements | 6 mois |
Devise | EUR |
Le projet
Warning
Given the current situation regarding COVID-19, there is increased uncertainty. Although Phillip Bank is in good shape and agreements have only recently been made with regard to interest and maturities, it is wise to be careful with your investments.
Phillip Bank Plc is a member of PhillipCapital, an integrated Asian financial house based in Singapore, but operational in 15 countries, including offices in Australia, Cambodia, China (and Hong Kong SAR), France, India, Indonesia, Japan, Malaysia, Singapore, Thailand, Turkey, UK, UAE, USA and Vietnam.
Phillip Bank Plc commenced business in Cambodia in 2009. In 2019, they merged with Lendahand's partner Kredit (an MFI focused providing financial services and training to low-income earners).
Information document issuing entity (NL)
Information note issuing entitiy (BE)
With this investment Phillip Bank can provide loans to 2 supermarkets in Cambodia:
- Sreybrak is a married woman who lives together with her husband. She has been operating in her store to make an income for the past 11 years. In order to increase her family profits, she is now asking for a loan to add more vegetables to her store and the rest of the loan she would like to use to expand her store
- Phanny is a married woman who lives together with her husband. She has been operating a grocery in Phnom Penh, Cambodia since 2010. In order to increase her family profits, she is now asking for a loan to add more groceries to her store and the rest of the loan she would like to use to buy some land.
Nom de l’entreprise | Phillip Bank |
PDG | Sreybrak Seng |
Création | 2020-01-30 |
Lieu | Phnom Penh |
Secteur | Commerce de gros / Commerce de détail |
Chiffre d'affaires | €15 000 000 |
Employés | 4 |
Impact
Phillip Bank is a microfinance institution in Cambodia that invests in people and their businesses via Micro-loans. By providing working capital to local entrepreneurs, they enable people in Cambodia to further expand their businesses and reach their potential for business growth and job creation.
Micro-loans are an effective tool against poverty. Research has shown that communities with more viable small local businesses have more balanced economies and higher average prosperity levels. Their turnover mainly flows back to their communities, ensuring economic growth and stability. The capital provided by Phillip Bank works towards sustainably improving families' financial well-being in rural and urban communities.
SDG’s impacted
With this project you are contributing to the following Sustainable Development Goals:
SDG 1. No poverty
SDG 8. Decent work and economic growth
Read more about the impact you can make through our platform and the SDGs on our impact page.
- Grâce à cet investissement 2 emplois sont créés
- Avec cet investissement 10 sont améliorées